Merrill EDGE (2026) | Credolix

Brokerage

Bank of America Merrill Brokerage Bonus — Up to $1,000

Bonus Tiers

Deposit	Bonus
$20,000	$100
$50,000	$200
$100,000	$400
$250,000	$1,000

Hold Period

90 days

Qualifying Period

45 days from account opening

Payout

Within 2 weeks following the 90-day hold period

Requirements

✓Open new Merrill Edge Self-Directed account
✓Fund with qualifying net new assets within 45 days
✓Enroll with promo code 1000PR
✓Hold assets for 90 days to qualify for bonus
✓Enroll in Bank of America Preferred Rewards within 90 days of funding for higher bonus tiers
✓Min $20,000 deposit in qualifying net new assets
✓Use promo code (600ME for $600 offer, 1000PR for $1,000 offer)
✓Enroll in offer code (1000PR for $1,000 tier or 600ME for $600 tier)
✓Maintain balance for 90 days
✓For $1,000 bonus: must be enrolled in Preferred Rewards as of 90 days from funding
✓Net new assets within 45 days of account opening
✓Maintain qualifying balance for required hold period
✓Use offer code (600ME for standard; 1000PR for Preferred Rewards)
✓Open new Merrill IRA or CMA
✓Deposit minimum $20,000 in qualifying net new assets within 45 days
✓For Preferred Rewards tier: Use promo code 1000PR and enroll in BofA Rewards program
✓Minimum $20,000 in qualifying net new assets within 45 days of enrollment

Restrictions

⚠New customers only
⚠Preferred Rewards enrollment required for bonus tiers; non-members limited to $600 max
⚠Merrill IRAs or Cash Management Accounts (CMAs) only
⚠Limited to one CMA and one IRA per accountholder
⚠Assets must originate from outside Bank of America and MLPF&S ecosystem
⚠Funds must originate outside Bank of America and MLPF&S
⚠Cannot transfer from other BofA accounts or 401(k) accounts administered by MLPF&S
⚠Must enroll in offer code during account opening
⚠Assets must be net new (not from Bank of America, MLPF&S, Bank of America Private Bank, or MLPF&S 401(k))
⚠Does not apply to business/corporate accounts, partnership accounts, UTMA/UGMA, 529 Plan, or certain fiduciary accounts
⚠New and existing individual Merrill IRAs or Cash Management Accounts (CMAs)
⚠Eligible IRA types: Traditional, Roth, SEP IRA (owner-only)
⚠One CMA and one IRA bonus per accountholder
⚠Assets must be new to the Bank of America ecosystem (cannot be from other BofA, MLPF&S, BofA Private Bank, or 401k accounts)
⚠New and existing Merrill customers
⚠Individual Merrill IRAs or Cash Management Accounts (CMA) only
⚠Does not apply to business/corporate, partnership, fiduciary, UTMA/UGMA, or 529 accounts

Fees

$0 stock and ETF trades (standard Merrill Edge fees may apply)
$0 commission on stock, ETF, and option trades
$0 account/annual fees
$0 stock and ETF commissions
$0.65 per options contract
$0 account fee
$0 annual fee
Unlimited $0 online stock and ETF trades
$0 account opening fee
$0 trading commissions for stocks and ETFs
$0 commission for online stock and ETF trades

Assets transferred from other BofA accounts, MLPF&S, or 401(k) accounts administered by MLPF&S do not count as qualifying new assets
Bonus value may constitute taxable income and may trigger 1099 reporting
Offer may not be combined with other offers
Offer valid for individuals only
Qualifying net new assets calculated over 24-week period
Assets must be held for full 90 days to receive bonus
For $1,000 offer (code 1000PR): Preferred Rewards members only; must enroll in Preferred Rewards within 90 days of funding
Higher tiers available for $1,000 offer: $50k=$250, $100k=$500, $250k=$1,000
Offer may not be used to induce insurance sales
Merrill reserves right to change or cancel offer at any time without notice
Gains and losses from trading or market volatility do not count toward balance requirements
Preferred Rewards $1,000 offer includes promotional early enrollment in Preferred Rewards program
Requires eligible Bank of America personal checking account for Preferred Rewards enrollment
Cash reward is credited as investment earnings and may be subject to 1099 reporting
For IRAs, bonus may be treated as taxable income or excess contribution
Excludes assets transferred from other BofA/Merrill/MLPF&S/401k accounts
Offer valid for new and existing individual accounts adding new funds
Cash bonus offers aggregate limited across CMA and IRA
Preferred Rewards offer (up to $1,000) requires BofA Rewards enrollment as of 90 days after funding
Bonus is credited as investment earnings to the account
May result in IRS Form 1099 (taxable income implications)
If credited to IRA, bonus may be viewed as taxable income or excess contribution
Cash bonus credited as investment earnings to account
Tax treatment: Merrill may issue Form 1099; if credited to IRA, IRS may view as taxable income or contribution (excess contributions subject to 6% excise tax if not timely distributed)
Account may be Merrill Edge Self-Directed, Merrill Edge Advisory Account, Merrill Guided Investing, or Merrill Guided Investing with Advisor account

Sign-Up Bonus

$1,000

View Promo Terms →

Last updated August 13, 2026

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Discussion

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How to evaluate Bank of America Merrill Brokerage Bonus

Before transferring assets, compare the bonus tier against the deposit amount, required hold period, transfer fees, and whether IRA or taxable accounts qualify.

More brokerage bonuses →All Bank of America offers →Brokerage bonuses for small deposits →Best brokerage bonuses list →

Qualification checklist

Timing

Qualifying period: 45 days from account opening
Payout timeline: Within 2 weeks following the 90-day hold period
Hold period: 90 days

How to qualify

Open new Merrill Edge Self-Directed account
Fund with qualifying net new assets within 45 days
Enroll with promo code 1000PR
Hold assets for 90 days to qualify for bonus

Common pitfalls

New customers only
Preferred Rewards enrollment required for bonus tiers; non-members limited to $600 max
Merrill IRAs or Cash Management Accounts (CMAs) only
Limited to one CMA and one IRA per accountholder

What makes this offer different

What makes this brokerage offer different

This brokerage offer is transfer-oriented, so the practical value depends on the asset tier, transfer friction, and required hold period.

Bonus value versus similar offers

The sign-up bonus is below the current nearby $7,500 median, so the requirements and any referral or portal stack matter more.

Requirement clarity

Credolix has extracted 4 requirements for this offer, so compare the bonus against the actual steps rather than the headline payout alone.

Frequently Asked Questions

How long do I have to qualify for Bank of America Merrill Brokerage Bonus?

The qualifying period listed for Bank of America Merrill Brokerage Bonus is 45 days from account opening.

When does Bank of America Merrill Brokerage Bonus pay out?

The payout timeline listed for Bank of America Merrill Brokerage Bonus is Within 2 weeks following the 90-day hold period.